Teck's Highland Valley Copper mine in British Columbia's interior, in March, 2017.

Ottawa’s regulatory review of Anglo American PLC’s NGLOY proposed acquisition of Teck Resources Ltd. TECK-B-T will be a major test of more stringent rules brought in the aftermath of an earlier high-profile takeover involving the Canadian miner .

London-based Anglo on Tuesday said it plans to buy Vancouver-based Teck in an all-stock deal worth approximately US$20-billion that could see one of Canada’s last remaining major critical-minerals miners fall into foreign hands.

For the deal to close, it must be approved by the federal government. Industry Minister Mélanie Joly will scrutinize the transaction for national-security concerns, and it must make economic sense for Canada under the net-benefit

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